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Read our latest Tax matters newsletter - a topical tax update from WR

On Thursday the 19th September, we held a fundraising day at our four office locations in aid of Genetic Disorders UK.

The government have announced that fundamental changes to the VAT system for businesses in the construction industry will now be effective from 1 October 2020. From this time there will be a significant change in the way contractors and sub-contractors in the construction industry will account for VAT.  From that date the Construction Services Domestic Reverse Charge (“CSDRC”) is introduced.

We are delighted to announce that tax expert Julie Jarvis has joined the team as a Senior Tax Consultant as we further expand our specialist tax team...

Wrexham new Starters

Chartered accountancy and business advisory firm, Whittingham Riddell is nurturing the next generation as part of an ongoing strategy to support the Wrexham area.

Local firm of Advisors Whittingham Riddell (WR), have supported hundreds of Agricultural businesses with the start of their journey to embracing technology.

The government has published the draft legislation for the next Finance Bill including the rules for off-payroll working in the private sector. The legislation is open for consultation until 5 September 2019.

The Federation of Master Builders (FMB) is warning that a major change in the way that VAT is accounted for in the building and construction sector which takes effect later this year may cause chaos.

The government published draft legislation for the next Finance Bill including draft clauses on the changes to Private Residence Relief (PRR). The draft legislation is subject to consultation which closes on 5 September 2019.

From April 2020, the government will introduce a new 2% tax on the revenues of search engines, social media platforms and online marketplaces which derive value from UK users. However, this only applies when the group's worldwide revenues from these digital activities are more than £500m and more than £25m of these revenues are derived from UK users.

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